Fallacy of Right Wing Radio

Tagged:  

Often we hear the right wing radio talk of the benefits of right-to-work states. The power of the individual to make his own destiny. Here's but another example shooting holes in this fallacy.
Detroit Free Press
Jun. 22, 2011
GOP takes turn on auto rescue

Quote from article:
"As part of the 2009 auto rescue, GM agreed to honor its contract to "top off" the pensions of hourly Delphi retirees. About 22,000 salaried workers, who had no such contract provision -- and were not represented by the UAW -- received no government help. Their pensions were hit hard."
http://www.freep.com/article/20110622/BUSINESS01/106220345/GOP-takes-turn-auto-rescue?odyssey=mod|newswell|text|FRONTPAGE|p

No votes yet

LMAO...look ma...no obama hands...

Yeah BULLCRAP.

Private emails detail Obama admin involvement in cutting non-union worker pensions post-GM bailout

New emails obtained by The Daily Caller contradict claims by the Obama administration that the Treasury Department would avoid “intervening in the day-to-day management” of General Motors post-auto bailout.

These messages reveal that Treasury officials were involved in decision-making that led to more than 20,000 non-union workers losing their pensions. (General Motors not eager to be political talking point in 2012)

Republican Reps. Dan Burton and Mike Turner say that during the GM bailout, Treasury Secretary Timothy Geithner decided to cut pensions for salaried non-union employees at Delphi, a GM spinoff, to expedite GM’s emergence from bankruptcy.

At a Wednesday hearing, the House Oversight Committee’s Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending started pushing the Treasury Department for answers on the effects of the bailout and on how much of a role the department played in picking winners and losers.

The key point of the Wednesday hearing was to show that the Obama administration advised GM on how to eliminate the Delphi workers’ pensions. The evidence suggests Geithner’s team played a significant role in that process, despite claims to the contrary.

In 2009 congressional testimony, senior Obama administration official Ron Bloom said the president told the Treasury Department to stay out of the management of these companies and downplayed any administration intervention.

“From the beginning of this process, the President gave the Auto Task Force two clear directions regarding its approach to the auto restructurings,” Bloom said then. “The first was to behave in a commercial manner by ensuring that all stakeholders were treated fairly and received neither more nor less than they would have simply because the government was involved. The second was to refrain from intervening in the day-to-day management of these companies.”

But the emails TheDC obtained show high-ranking Treasury Department officials, including Matthew Feldman of Treasury’s Auto Task Force, corresponding with senior GM officials on how to make certain decisions regarding who was going to win and who was going to lose.

“Have you guys begun a dialogue with the UAW over your desire to see the hourly plan terminated?” Feldman asked GM’s Rick Westenberg and Walter Borst in June 2009. This email shows Feldman and the Treasury Department were involved in GM’s day-to-day management.

“One concern I have is that while the PBGC [Pension Benefit Guaranty Corporation, a federal agency that handles private-sector pension benefits issues] is likely to agree to terminate, it’s not clear what position they will take on the Benefit Guaranty,” Feldman continued in that email, demonstrating his involvement in union negotiations. “At a minimum this could get messy and the UAW should probably be brought into the loop.”

The exchanges go on to clearly demonstrate that the administration had a controlling stake in GM’s management timeline.

Borst replied that GM had not “begun conversations with the UAW pending hearing back from you and the PBGC. We can begin that dialogue but our reading of the benefit guarantee is clear that it’s for the benefit of the retirees and not the PBGC. The UAW may not be available to us this week as GM is in the summer shutdown.”

Feldman responded by reminding Borst the steps required to eliminate Delphi’s pension plans.

“Keep in mind we need the PBGC’s help to terminate this plan so we will have to deal with the PBGC,” wrote Feldman. “If you think there is a way to cause its unilateral termination (outside of Delphi going down an 1113 process) let me know.”

Another email chain TheDC has obtained shows that Treasury Secretary Tim Geithner’s employees were advising GM executives and communications officials on how to craft their public messages and press releases.

In response to GM sending her a draft of a press release about the company ceasing operations at several factories nationwide, the Treasury Department’s Jenni Engebretsen wrote to GM officials on Friday, May 29, 2009: “We would ask that you move the reference to Treasury down to the third paragraph, taking it out of the lede. Please let us know if this presents any issues.”

GM’s director of policy and Washington communications replied to Engebretsen: “No problems. Done.”

Engebretsen then asked: “If there is an updated version at some point over the weekend we’d appreciate a final copy. Many thanks.”

These emails show the Obama administration was not only active in guiding GM executives’ decisions, but Treasury Department officials were influential in crafting GM’s message to the public.

With Engebretsen asking GM to move references to the Treasury Department out of the press release’s lede paragraph, it suggests the Obama administration wanted to publicly downplay its role in the GM bailout and the Delphi workers’ subsequent loss of their pensions.

http://news.yahoo.com/s/dailycaller/20110622/pl_dailycaller/privateemail...

Obama lied...20,000 pensions died....

Well done...way to look out for the little guys...

“Political correctness is a doctrine, fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.”

As so often happens Paul Wohlfarth neglects to point out that this sentence appears late in the article "The affected Delphi retirees are clustered heavily in states like Michigan, Indiana, Ohio and Wisconsin" These states are not right to work states. However for information on how a right to work state is performing check out this story http://www.bizjournals.com/austin/news/2011/03/11/texas-leads-country-in... Texas leads the country in job creation, according to data from the U.S. Bureau of Labor Statistics.

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

A Lib/Dem reads this "As part of the 2009 auto rescue, GM agreed to honor its contract to "top off" the pensions of hourly Delphi retirees. About 22,000 salaried workers, who had no such contract provision -- and were not represented by the UAW -- received no government help. Their pensions were hit hard."
and he thinks "Often we hear the right wing radio talk of the benefits of right-to-work states. The power of the individual to make his own destiny. Here's but another example shooting holes in this fallacy."

This Conservative Republican reads this same article "As part of the 2009 auto rescue, GM agreed to honor its contract to "top off" the pensions of hourly Delphi retirees. About 22,000 salaried workers, who had no such contract provision -- and were not represented by the UAW -- received no government help. Their pensions were hit hard."
and I, a member of the real world where "Group Think" is frowned upon, think "My God. How much more proof do voters need? It is obvious that Barak Obama is an empty suit puppet who is controlled by union thugs and dares not take care of ALL Americans without his Union owners approval. The Democrap talking points about "looking out for the middle class" is obvious bullshyt. If this bastard child-in-chief really cared about the entire middle class, he wouldn't have shafted these non-union middle class workers just to buy a few votes of mindless Union hack drones."

Once again, under Democrat rule, the rich get richer and the typical middle class family gets the shaft.
BOHICA

Don't blame me,
I didn't vote for a
socialist.

GOP hammers Bloom on rescue
Freep Jun 23, 2011
http://www.freep.com/article/20110623/BUSINESS01/106230480/GOP-hammers-Bloom-rescue?odyssey=tab|topnews|text|Auto%20news
Quote:
WASHINGTON -- Salaried retirees of auto supplier Delphi may have had some satisfaction Wednesday when House Republicans took up their cause, tearing into senior White House aide and former auto task force member Ron Bloom over the 2009 rescue of General Motors.

Their pensions were slashed while those of hourly union retirees were not. But what the retirees didn't get were any details from Bloom about why it happened the way it did.

The panel's majority Republicans kept Bloom in the hot seat longer than expected, grilling him with heated accusations over the auto rescue and its aftermath.

Rep. Darrell Issa, R-Calif., who chairs the full oversight committee, and Rep. Dan Burton, R-Ind., both referred to Delphi's salaried retirees as being "screwed" when they lost their pensions during GM's restructuring.

Let Detroit Go Bankrupt
http://www.nytimes.com/2008/11/19/opinion/19romney.html
By MITT ROMNEY
Published: November 18, 2008
Quote:
First, their huge disadvantage in costs relative to foreign brands must be eliminated. That means new labor agreements to align pay and benefits to match those of workers at competitors like BMW, Honda, Nissan and Toyota. Furthermore, retiree benefits must be reduced so that the total burden per auto for domestic makers is not higher than that of foreign producers.

That extra burden is estimated to be more than $2,000 per car. Think what that means: Ford, for example, needs to cut $2,000 worth of features and quality out of its Taurus to compete with Toyota’s Avalon. Of course the Avalon feels like a better product — it has $2,000 more put into it. Considering this disadvantage, Detroit has done a remarkable job of designing and engineering its cars. But if this cost penalty persists, any bailout will only delay the inevitable.

Second, management as is must go. New faces should be recruited from unrelated industries — from companies widely respected for excellence in marketing, innovation, creativity and labor relations.

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

"New faces should be recruited from unrelated industries — from companies widely respected for excellence in marketing, innovation, creativity and labor relations."

I can see where an owned and operated puppet like paul would see that line as terrifying - Why, the idea!! getting a set of fresh eyes on a problem!! Imagine!! getting someone with a record of success and put him in charge of a project that's failing!! Terrifying!!

No - best thing would be for a stooge with Zero experience to just go in there and toss money at a project with no effort or plan for change. Your bucket has a leak?? Add water dummy!! Union mindset at it's best.

and the title - "LET" detroit go bankrupt Wolfie?? I dont know about you, there's no way anyone can LET me go bankrupt. You either need to do something specifically to MAKE me go bankrupt or you can get the F out of my way, and if I go bankrupt it's my own damn fault for mismanaging my assets. So which is detroit's problem?

Im sure this might be difficult to understand. I didnt copy and paste these thoughts, they are my own. A skill you apparantly cannot, or havent the cajones, to muster.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.